Hevolus raises capital with €4 million, backed by CDP

Hevolus, a Bari (Molfetta), Italy-based developer of mixed reality solution for retail, announced a capital increase of €4 million ($4.7M).

The capital was raised from the Italin investor CDP Venture Capital SGR, made through the Italia Venture II Fund.

Hevolus, founded in 2000 as a hardware store for wood craftsmen initially, led by CEO Antonella La Notte, developed a HoloLens solution called the “Augmented Store” with Natuzzi, the largest furniture company in Italy. The solution helps shoppers visualize how furniture would look in the shoppers home using mixed reality.